Puzo Michael J Makes New Investment in Proto Labs, Inc. $PRLB

Puzo Michael J acquired a new stake in shares of Proto Labs, Inc. (NYSE:PRLB) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 91,512 shares of the industrial products company’s stock, valued at approximately $8,304,000. Proto Labs makes up about 2.1% of Puzo Michael J’s investment portfolio, making the stock its 20th largest holding. Puzo Michael J owned 0.38% of Proto Labs at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Group One Trading LLC purchased a new position in Proto Labs in the 4th quarter valued at about $25,000. NewEdge Advisors LLC increased its stake in Proto Labs by 7,380.0% during the 1st quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock worth $26,000 after buying an additional 738 shares in the last quarter. NBC Securities Inc. purchased a new stake in Proto Labs during the 4th quarter worth approximately $46,000. USA Financial Formulas acquired a new position in shares of Proto Labs during the first quarter valued at approximately $52,000. Finally, Modus Advisors LLC acquired a new position in shares of Proto Labs during the fourth quarter valued at approximately $57,000. Institutional investors and hedge funds own 84.54% of the company’s stock.

Proto Labs Price Performance

PRLB stock opened at $82.11 on Thursday. Proto Labs, Inc. has a 1 year low of $45.10 and a 1 year high of $93.00. The firm has a market capitalization of $1.96 billion, a PE ratio of 65.69 and a beta of 1.40. The business has a 50 day simple moving average of $80.53 and a 200-day simple moving average of $69.94.

Proto Labs (NYSE:PRLB) last released its quarterly earnings data on Friday, July 31st. The industrial products company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.07. Proto Labs had a return on equity of 4.80% and a net margin of 5.44%.The company had revenue of $149.34 million for the quarter, compared to analyst estimates of $144.53 million. During the same quarter in the previous year, the company posted $0.41 earnings per share. The firm’s revenue for the quarter was up 10.5% compared to the same quarter last year. Proto Labs has set its Q3 2026 guidance at 0.560-0.640 EPS. On average, equities research analysts expect that Proto Labs, Inc. will post 1.46 EPS for the current year.

Wall Street Analysts Forecast Growth

PRLB has been the topic of several research reports. Benchmark raised their target price on Proto Labs from $70.00 to $91.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Needham & Company LLC raised Proto Labs from a “hold” rating to a “buy” rating and set a $87.00 price objective for the company in a research note on Monday, August 3rd. Wall Street Zen downgraded Proto Labs from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Weiss Ratings cut shares of Proto Labs from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday. Finally, Zacks Research raised shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $89.00.

Insider Buying and Selling at Proto Labs

In other news, Director Sven Wehrwein sold 2,000 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $77.28, for a total transaction of $154,560.00. Following the transaction, the director owned 32,505 shares of the company’s stock, valued at approximately $2,511,986.40. The trade was a 5.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.30% of the company’s stock.

About Proto Labs

Proto Labs, Inc is a digital manufacturing company that offers on-demand production services for custom parts and prototypes. Utilizing technologies such as 3D printing (additive manufacturing), CNC machining and injection molding, the company transforms digital CAD designs into functional parts on accelerated timelines. Its platform-driven process combines automated quoting, rapid tool generation and manufacturing execution to serve product developers, engineers and small- to medium-sized production runs.

Founded in 1999 by Larry Lukis, Proto Labs has championed the application of digital workflows to traditional manufacturing methods.